Palmyra Residences

11020 Balik Pulau, Pulau Pinang, Malaysia

Property Transactions

7 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM570,000
Jalan Sungai Nipah 8
1,625 sqft RM351 PSF
RM610,000
Jalan Sungai Nipah 11
2,400 sqft RM254 PSF
RM490,000
Jalan Sungai Nipah 6
1,625 sqft RM301 PSF
RM600,000
Jalan Sungai Nipah 6
1,625 sqft RM369 PSF
RM540,000
Jalan Sungai Nipah 6
1,625 sqft RM332 PSF
RM500,000
Jalan Sungai Nipah 6
1,593 sqft RM314 PSF
RM500,000
Jalan Sungai Nipah 6
1,625 sqft RM308 PSF
Legend Recent Highest Price Highest PSF

Selling in Palmyra Residences? Homes here sold for a median of RM540,000.

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Market Snapshot

Residential

RM540,000

RM314 psf

Median transaction price

Palmyra Residences
© OpenStreetMap · CARTO

Palmyra Residences, 11020 Balik Pulau, Pulau Pinang, Malaysia

Maps

Palmyra Residences in Barat Daya, Penang recorded 7 subsale transactions in 2022, with a median price of RM540K and a median price per square foot (PSF) of RM314.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM540K, with most transactions falling within a stable range of RM494K to RM586K, and a typical market range of RM495K to RM585K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM314, with core pricing between RM279 and RM348. Market pricing typically extends from RM282.61 to RM345.11, reflecting moderate variation in unit pricing. With an IQR of RM62.50 and MAD of RM35, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.